Export

India Seeks Zero Tariff On Textiles & Apparel In FTA With EU

Textile Insights February 27, 2024

India is negotiating for textiles and apparels to be classified as non-tariff items in the ongoing negotiations for a free-trade agreement (FTA) with the European Union. The EU import duties, typically ranging between 10-12 percent on textile and clothing, places India at a disadvantage with

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Vietnamese Textile & Apparel Exports Post Impressive Turnaround

Textile Insights February 26, 2024

Textile and garment exports from Vietnam reported a remarkable turnaround in the month of January 2024 Vietnamese textile and apparel exports totaled US $3.13 billion in the first month of ongoing year, a significant increase of 39 percent over the same month of previous year. “In January, the US continued to be Vietnam’s largest textile […]

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Vietnamese Textile & Apparel Sector Sees Growth In Export Orders

Textile Insights February 21, 2024

The Vietnamese textile and apparel industry is seeing a rise in orders from its major export markets and so is optimistic about the reaching export target of US $44 billion set for 2024. A majority of exporters have reported that they have received orders for production until May 2024. The Garment 10 Corporation JSC said […]

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European Union Global Garment Imports Slip 16.22% In 2022

Textile Insights February 20, 2024

Global imports of clothing by the countries of the European Union dropped 16.22 percent to €83.19 billion in 2023, compared to €99.29 billion in 2022. All major apparel exporting countries to the EU faced negative growth, due to the slowdown in consumer demand, mainly due to high inflation as a consequence of the ongoing Ukraine-Russia […]

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Bangladesh Apparel Exports Script History In January 2024

Textile Insights February 20, 2024

Bangladesh apparel exports scripted history by recording the highest ever exports in a single month in January 2024. Garment overseas shipments totaled US $ 4.97 billion, pretty close to $5 billion mark and reported an increase of 12.45 percent over January 2023. Of overall exports of clothing in January, knitwear exports grew by 17.32 percent […]

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Kuwait Based NRI To Import Uzbek Traditional Dresses For Women

Textile Insights February 19, 2024

A Kuwait based non-resident Indian (NRI), Anupam Jain has expressed interest in importing Uzbekistan traditional dresses for women Towards this end, a meeting was held between Uzbekistan embassy officials in Kuwait and Anupam Jain who owns Gulf Mysore General Trading Company. “Anupam Jain, who moved from India to Kuwait, has opened several Indian heritage stores […]

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Stop Bangladesh Exports Via Delhi Air Cargo Complex: AEPC

Textile Insights February 17, 2024

The Apparel Export Promotion Council (AEPC) has appealed to the Indian government to suspend transshipment of Bangladesh export cargo to third countries via Delhi Air Cargo complex. Earlier, such transhipment of Bangladesh export cargo was allowed only via Kolkata Air Cargo Complex, AEPC said. The Central Board of Indirect Taxes and Customs (CBIC) had issued […]

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Pakistani Textile Exports Grow For Second Consecutive Month

Textile Insights February 17, 2024

Pakistani textile exports grew for the second consecutive month in January 2024 and totaled US $1.45 billion, up 10.10 percent year on year and 3.98 percent month on month. Cotton yarn exports registered a remarkable 19.78 percent year on year growth and stood at $81.295 million. However, they declined 14.65 percent when compared with December […]

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Sri Lankan Exports Of Apparel Drop 18.81% In 2023

Textile Insights February 14, 2024

Sri Lankan exports of apparel in 2023 amounted to US $4,535 million, dropping by 18.81 percent compared to $5,591 million in 2022 Of this exports of knitted garment totaled $2,705 million in the previous year, down 20.13 percent as against $3,387 million in 2022 Woven clothing overseas shipments reached $1,735 million in the reporting year, […]

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Apparel Imports By United States Decreases 22.04% In 2023

Textile Insights February 12, 2024

Overall apparel imports by the United States dropped 22.04 percent to US $77.84 billion in 2023 compared to $99.86 billion in 2022. Data of the US Department of Commerce’s Office of Textiles and Apparel (Otexa) informed that clothing imports from China declined 10.83 percent year on year to $16.32 billion in the previous year. However, […]